Treasure hunter pens book

by Joni Astrup

Associate editor

Cache Carter believes there’s treasure out there for people willing to hunt for it.

“There’s treasure all over this country,” he said in a presentation Aug. 13 at the Elk River Activity Center. Carter is the author of the book, “Lost Loot.”

Cashe Carter, author of the book "Lost Loot," talked about treasure hunting.
Cache Carter, author of the book “Lost Loot,” talked about treasure hunting.

He told of one person who went to the site of an 1889 racetrack and used a metal detector to locate an 1849 California gold piece worth $750,000.

In another case Carter said a friend of his was restoring a mansion on Summit Avenue with a young helper. When the man heard loud noises coming from the room where his helper was working, he went to investigate. But the young man was gone and never returned.

Carter’s friend told him: ‘I don’t know what he found, but he left with it.’

He told of some treasure that is out there, but no one apparently has found it.

Ma Barker, whose sons were famous gangsters, buried $150,000 on Route 61, he said. She was later killed in a shootout in Florida.

The treasury for the Confederate states has been missing since the Civil War era, Carter said. “They got it out of Richmond and it’s gone,” he said.

Carter told of a burglar who allegedly stole about $100 billion worth of gold, silver, antiques and other items from homeowners. The man had spent time in Duluth but died in prison in 1997. Carter said man’s wife hired two psychics to find some of the buried loot, but came up empty-handed.

Carter also told about ordinary people who have buried or hidden their cash and other valuables. Hiding places have included inside the walls of homes and  staircases, along floorboards or buried in the ground.

Women are famous for burying pressure cookers in the garden, he said. In one case, $12,000 in cash was found in a buried pressure cooker, he said.

In some situations, people left clues so they could return to claim their hidden loot. Carter said clues have included trees grafted so a branch points in a certain direction and carvings on rocks.

Asked by a man in the audience what was the most money he’d ever found, Carter smiled, paused and said, “Over $10,000.” But, successful hunt or not, he believes the journey is its own reward.

For more information about Carter and his book, go to